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RLDA has invited bids for the leasing of a vacant land parcel for residential-cum-commercial development at Ambari chowk in Guwahati, Assam. The site spans 9,488.22 sq. m. and is situated in the heart of Guwahati, at a prominent corner location of Ambari Chowk, which is just about 1.30 km from Guwahati Railway Station. The land parcel falls in Lumding division of the North-East Frontier Railway. It has a potential Built-Up Area (BUA) of 26,092.61 sqm. with FAR of 2.75 and has a reserve price of INR 69.90 crores for a lease term of 99 years. The Online Pre-bid meeting was conducted by RLDA on 25.06.2021 and 13 Local and National Developers participated in the Pre-bid meeting. The deadline for submission of e-bids is 6th August 2021.
The land is bounded by and has frontage on three sides with C K Agrawala Road in the north, Ariz Path in the east, GNB Road in the south, and residences in the west, with excellent connectivity to all parts of the city via the road network.
“Guwahati is referred to as ‘Gateway to North-East India.’ It has witnessed rapid infrastructural development over the years. It is well-connected to West Bengal, Bihar, and the rest of India via road, rail, and air. The land parcel at Guwahati is suitable for a mixed-use development that will have a multiplier effect on the local economy. It will boost realty, retail and economic development in the region,” said Shri Ved Parkash Dudeja, Vice Chairman, RLDA.
This article first appeared on www.metrorailnews.in
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